The East Anglian Lift Company Limited

The East Anglian Lift Company Ltd from Hevingham UK: a small, active company established 22 years ago, employs just two people, and holds assets totaling £670,640. It boasts a real address, is overseen by three directors, and owned by two individuals, all while maintaining a stellar 5.0 Google rating based on two reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts, with recent activity recorded just seven months ago.

The company operates in the specialized construction activities sector, offering lift installation and servicing. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. While it has a good reputation, its financial health is a mixed bag.

Current assets have increased by 12%, reaching £670,000, while net assets have also increased by 10%, now standing at £280,000. However, bank borrowings have increased significantly, by 28%, reaching £57,000. Creditors have also risen by 16%, reaching £370,000, and trade debtors have seen a substantial increase of 47%, now at £210,000. Cash reserves have improved by 6.6%, totaling £440,000. The company’s small size allows for agility, but the increase in debt warrants attention.

The company's financial statements were unaudited, which is common for small businesses. It seems the company is doing okay, but could be a little tight on cash.

Registered in England/Wales under the registration number 04493151, with a registered address at NR10 5NQ, Hevingham, Norfolk, Slate House Farm, 27 Halls Corner Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.